Integration of IOT with Block Chain Technology for the Technology Advancement

Abstract

The technique that enables that data storage of any data collection is known as bitcoin. With some of its applied different, it offers a secure system, as well as a visible with the set of data being readily available to all users. Blockchain-based applications for cryptocurrency are called attention for their dependability, robustness, and efficiency. The cryptocurrency therefore is made accessible to reach enormous populations. Despite being the thing of the future, the bitcoin has a number of drawbacks that vary depending on the use case. This research assessed how well different blockchain networks functioned in various applications. The pros and cons of such a system, which itself is referred to as the technological advancement of the future, was thoroughly studied and contrasted.